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Assume that you are a loan officer. You are considering making aloan to a retail company–any such company that is actually locatednear your home. You want to use as collateral as many of thecompany’s assets as possible. For this assignment, you must:research the state records to see whether there are outstandingsecurity interests in any or all of the company’s assets, anddecide how much you would be willing to loan, by estimating theapproximate worth of company assets that are not already securinganother creditor’s loan.
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Write answers to each of the five (5) situations described belowaddressing the required criteria...
Accounting
Basic Math
Accounting